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Form N-PX · fund seriesSEC series no. S000012900

Victory Income Stock Fund

A series of VICTORY PORTFOLIOS III

Vote records
1,985year to 30 June 2026
Against management
4.2%83 of 1,985 marked votes
Say-on-pay support
92.5%for, of for + against + abstain
Shareholder-proposal support
35.0%for, of for + against + abstain

Victory Income Stock Fund is a series of VICTORY PORTFOLIOS III. For the year to 30 June 2026 its registrant reported 1,985 vote records for the series; 4.2% of the votes marked for or against management went against management. It voted for 92.5% of say-on-pay items and for 35.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantVictory CapitalMedian fund registrant
Against-management share4.2%8.5%7.6%6.2%
Say-on-pay support rate92.5%88.8%89.2%91.6%
Shareholder-proposal support rate35.0%31.8%34.2%27.5%

Votes by category

foragainstabstain, withhold or otheramber tick: the portion cast against management

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,4751,453161.5%
SECTION 14A SAY-ON-PAY VOTES151135117.3%
AUDIT-RELATED15015000.0%
SHAREHOLDER RIGHTS AND DEFENSES88037.5%
EXTRAORDINARY TRANSACTIONS3300.0%
CAPITAL STRUCTURE2525012.0%
COMPENSATION51411019.6%
CORPORATE GOVERNANCE72482447.2%
ENVIRONMENT OR CLIMATE280280.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE8080.0%
DIVERSITY, EQUITY, AND INCLUSION130130.0%
OTHER SOCIAL ISSUES363338.3%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20242,2169.0%93.9%61.8%
year to 30 June 20252,0292.9%93.9%21.0%
year to 30 June 20261,9854.2%92.5%35.0%

Questions

How often did Victory Income Stock Fund vote against management?

4.2% of the votes its registrant marked for or against management in the year to 30 June 2026 (83 of 1,985).

How did Victory Income Stock Fund vote on executive pay?

It voted for 135 of 146 say-on-pay items cast for, against or abstain (92.5%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by VICTORY PORTFOLIOS III, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by VICTORY PORTFOLIOS III (filer no. 908695); votes attributed to series S000012900 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.